Hope Educational & Research Center

Analysis

Hope Educational & Research Center is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in June 1973, 53 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Hope Educational & Research Center reported income of $18.0m and spending of $19.5m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $17.9m to $18.0m (+0.4%), an average of +0.1% a year. The sharpest change came in the year to June 2021, when income rose by 80%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hope Educational & Research Center sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within MO. Charities of a similar size with the same main cause include Pathways in Education Illinois ($18.0m), School in the Square Public Charter School ($18.0m) and Shreveport Charter Schools Inc ($18.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 73% of the total. Compensation of current officers, directors and key employees was $1.2m (6.2% of expenses). Other salaries and wages came to $10.0m. At year end it held assets of $187.7m against liabilities of $1.4m, net assets of $186.2m. It reported 492 employees.